Paychex (PAYX) - Net assets

Net assets on the balance sheet as of August 2024 : £3.02 Billion

According to Paychex's latest financial reports the company has £3.02 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Paychex - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-05-31	$£2.81 B	15.37%
2022-05-31	$£2.43 B	17.34%
2021-05-31	$£2.07 B	-7.74%
2020-05-31	$£2.25 B	8.47%
2019-05-31	$£2.07 B	17.09%
2018-05-31	$£1.77 B	16.23%
2017-05-31	$£1.52 B	16.86%
2016-05-31	$£1.30 B	11.89%
2015-05-31	$£1.16 B	10.2%
2014-05-31	$£1.05 B	-9.04%
2013-05-31	$£1.16 B	12.39%
2012-05-31	$£1.03 B	14.2%
2011-05-31	$£0.90 B	-6%
2010-05-31	$£0.96 B	14.3%
2009-05-31	$£0.84 B	39.92%
2008-05-31	$£0.60 B	-38.78%
2007-05-31	$£0.98 B	11.52%
2006-05-31	$£0.88 B	15.98%
2005-05-31	$£0.76 B	16.42%
2004-05-31	$£0.65 B	0.43%
2003-05-31	$£0.65 B	3.36%
2002-05-31	$£0.63 B	18.64%
2001-05-31	$£0.53 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Automatic Data Processing ADP	£4.20 B	38.91%	🇺🇸 USA
Intuit INTU	£14.26 B	371.02%	🇺🇸 USA
Equifax EFX	£3.96 B	31.07%	🇺🇸 USA
Insperity NSP	£98.33 M	-96.75%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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